The “KNOW” factor

Are You Focusing On Your KNOW Factor?

FACT:  Your customers go through a buying pattern before they purchase from you
QUESTION: Do you know what this buying pattern typically looks like?

Think about the last time you began your search for a product or service.  I bet you went through the following stages:

KNOW:  First of all you had to do “some” activity to find out possible vendors.

Common ways you may have done this include:
* Ask someone
* Google terms on the Internet
* Draw from your memory bank — (maybe you met them, saw an ad or heard them on the radio)
* Draw from your own contacts   (you have them in your contact list)
* You searched for them in a directory

Once you have a list of vendors, the next logical step is to check them out to see if you LIKE what they have to say.

Common ways you may do this are:
* Visit their website
* Call them
* Email them
* Ask others about them
* Draw from your memory bank on past interactions with them

So let’s assume you like what they have to say, the final test is do you TRUST that they will deliver on what they say?

Trust can be a toughie, and quite frankly the level of trust required depends mostly on the risk involved in the purchase.  In other words, if you see the purchase as low risk, then little trust is involved.  But if you are relying heavily on the purchase or it is costly, then TRUST becomes more and more important.

Common ways you gain trust include:
* How familiar you are with the person or company
* What others have to say about the person or company
* Reports or proven facts about the products or services
* Guarantees or Warranties on the product or service
* Demonstrations or proof of their expertise in the market

So Here’s The BIG Question?

Do enough people even KNOW you exist?  Think about how many NEW clients or customers you need every year.  Let’s say it’s 50.  Now think about your conversion rate.  Let’s say that for every 10 prospects that call or walk into your store you convert 1 into a new client…that means you now need 500 prospects to contact you somehow.  Now think how many need to be checking you out behind the scenes via your website or by asking referral sources and you know that your lead number has to be much larger!  At a bare minimum multiply your prospects by 10 and that means you need to be capturing 5000 leads.

How many have you captured to date?  In other words, how many are currently in your database that you are staying in regular contact with?  If it isn’t meeting your requirement for captured leads, then you need to focus on HOW you are going to capture more!

So stop worrying so much about making your website pretty and start focusing on people finding your website and what you have on it to capture leads.  Start getting out from behind the computer and get back to meeting new people and exchanging contact information.  Increase promotional activities that include savvy techniques for capturing leads.

In other words focus on capturing and counting your leads FIRST and then SECONDLY improve your ways to build the LIKE and TRUST factors.

ducttapemarketingbadgeCidnee Stephen is the owner of Strategies for Success – a marketing company that focuses on the needs of budget-minded small businesses and professional services. She has helped hundreds of small businesses get out of their peak and valley ruts to finally achieve that next vital level of success. Cidnee is also a sought-after speaker, writer and blogger on marketing topics that affect small businesses and B2B service based operations.

If you would like to build a system to reach those goals quicker, check out Cidnee’s Speak for Leads & Expertise Program.

Tantalizing Testimonials

The world of testimonials is changing and with it are some incredible opportunities to strengthen your credibility in the marketplace.  But the very first question I need to ask you is,

“Are you even collecting testimonials?”

Don’t panic if the answer is NO. Most of us aren’t as diligent as we can be in the collection process.  The main reason I hear is that people feel they need to ask for them.  While this certainly is one way, there are some other ways I find work extremely well.

1) RECAP – My favorite way to capture a strong testimonial is when someone has shared a success with me verbally.  When this happens to you, ask them right then and there if you could quote them for a testimonial.  When the answer is yes, take 2 minutes to type out the testimonial as you heard it.  Put it into an email to the source along with any other info you require (like a result or the link to their site, etc).  Ask them to confirm that this is correct and “ta da” you have your testimonial.

2) FEEDBACK FORMS – Once you have finished working with a customer, send them out a feedback form regarding the experience.  Add questions, like “how would you describe this experience to a friend” or “what is the biggest result/benefit you received?”  When you get some great responses, go back and ask if you can use this as a testimonial.

3) TESTIMONIAL PARTIES – I love connecting people so the idea of a testimonial party really appeals to me.  I got this idea from John Jantsch with Duct Tape Marketing and can’t wait to try it out.  Consider renting a videographer and asking individuals to record a structured testimonial or asking the videographer to approach attendees and capture testimonials.

4) PHONE IN TESTIMONIAL – Do you have an extra extension you can set up on your phone system, or perhaps just have individuals leave a voice mail message on your phone.  Either way your message or instructions can direct them as to what type of information they need to include and then you can either transcribe or use as audio samples on your site!

Capturing Killer Testimonials
Okay, so now you know how to collect them.  My next question to you is how strong are your testimonials?  Those that simply say you’re great or your product is great are what I call  “VANILLA”  or washed out testimonials.  Avoid run of the mill and aim for RESULTS and testimonials that point out what makes you different or better than others in your industry.  In order to garner stronger testimonials, you need to ASK for this type of information.  Consider encouraging your sources to share the following:

Why they chose you
What they were expecting
What they ended up getting
How that helped them and/or exceeded their expectations.
Why would they recommend others should work with you?

Answers to questions like this will get you some KILLER TESTIMONIALS!

Types of  Testimonials

While text emails are great, these days it’s becoming a no-brainer to add audio and video testimonials as well.  The technology has made this super easy.  Digital Recorders and VOIP phone systems will conveniently record in MP3 or WAV formats.  Inexpensive Digital Video Cameras are on the market to record your own video testimonials and services from companies like BizBoxTV have made it cost effective to get nicely produced videos as well.  When your product or service is emotion based or complex, I highly encourage you to use audio and video!

WHERE

Of course your testimonials should go on your website.  But I hope you don’t hide them under some lame tab called testimonials!  Be creative.  Pepper them throughout your website, or rotate them in your header or along one side.  At the very least, change the name of the tab, to “What OTHERS have to say”

Remember to also use your testimonials in promotional pieces and sales presentations.  Why not add them to your email signature or even to your business card?  The opportunities are endless and remember: we always gain more credibility when OTHERS say we’re great!

ducttapemarketingbadgeCidnee Stephen is the owner of Strategies for Success – a marketing company that focuses on the needs of budget-minded small businesses and professional services. She has helped hundreds of small businesses get out of their peak and valley ruts to finally achieve that next vital level of success. Cidnee is also a sought-after speaker, writer and blogger on marketing topics that affect small businesses and B2B service based operations.

If you would like to build a system to reach those goals quicker, check out Cindee’s Speak for Leads & Expertise Program.

The 5th “P” of Marketing

If you have ever read any books on marketing you are no doubt familiar with the 4 – “P’s” of Marketing – Product, Price, Place and Promotion.  When combined correctly, these 4 elements can have a tremendous impact on your bottom line, but NONE of them are anywhere near as effective as the never mentioned 5th “P”.  Every company struggles with it, and most would confess it is what holds them back from achieving success in their marketing.  What is this elusive 5th “P”?

Productivity

It’s all well and good to have a sound plan or system on paper, but it is another to put those plans into action and then to maintain those activities on a consistent basis.

Because so many business owners remain the key rainmaker for their organization and still carry out a ton of the work, non-time-sensitive activities, like marketing tend to fall to the wayside.

Let me ask you this.  If you were meeting with a new prospective customer to work on a sizable proposal, would you miss the meeting because the printer needs fixing or you have a ton of emails in your inbox?  Of course not!

It’s time to consider marketing your biggest client.  It does, after all, bring in more money than any other one activity, yet we constantly put it aside for less important issues. Want to make a big difference in your business?  Then start keeping your appointments with your marketing.  Here’s how you can harness the 5th “P”

  1. Make Appointments With Your Marketing – In your calendar, set aside consistent meetings with Mr. Marketing.  Try 1 hour a day at least 3 days a week for a start.  Now don’t break these appointments.
  2. Minimize Distractions – Turn Notifications off on your Email, put your phone on Do Not Disturb, close the door to your office and remain productive for one hour.  After all if you were in a meeting with a client, you wouldn’t be answering emails, phone calls or questions from staff or family members!
  3. Make a Priority List – I like to create a list in Excel and then next to each item I rank it first by priority (1 is high and 3 is low), and then by the amount of time it takes (.1hrs, 3 hours or 40 hours).  Now multiply these two columns and sort your task from those with the lowest to the highest.  For big tasks, you might want to break them down to smaller tasks so they get started and don’t remain too far down your list, especially if they are a high priority.
  4. Create a Weekly Task List – of everything you want to accomplish that week so that when you sit down you know what it is you’re working on.
  5. Too much on your plate? Then ask yourself, can you outsource this to someone else, and is it really that important right now.  Remove those items that others can do or that can be delayed with little detriment, to a later date.
  6. Be Held Accountable – who do you have to hold you accountable on your marketing?  Face it – we all work best to hard deadlines.  Choose an accountability partner, or of course you can always enroll in one of our courses!

ducttapemarketingbadgeCidnee Stephen is the owner of Strategies for Success – a marketing company that focuses on the needs of budget-minded small businesses and professional services. She has helped hundreds of small businesses get out of their peak and valley ruts to finally achieve that next vital level of success. Cidnee is also a sought-after speaker, writer and blogger on marketing topics that affect small businesses and B2B service based operations.

If you would like to build a system to reach those goals quicker, check out Cindee’s Speak for Leads & Expertise Program.

10 Savvy Updates for Twitter

What makes social networking so exciting right now is that “the book” is still being written. What I mean by that, is that people are finding a multitude of ways to use tools like Facebook, LinkedIn and Twitter to promote themselves and their businesses. Are they producing the intended results? In many cases, the answer appears to be, “absolutely.” If you haven’t stepped foot in this arena yet, at the very least set up your accounts and post a picture and a link to your website. It takes 15 minutes and it’s free.

frontpage-birdThe big question after you are LIVE is, “now what do I do?” The quick answer is start by posting updates and inviting people to be part of your network. In this article, let’s start by looking at what type of information you can post to boost exposure and promote your business. I’m not one personally for updating the world on the newest run in my nylons. So what kind of comments should you post? Strategic, well-thought-out ones of course, mixed with a personal flavour – hmmm sounds just like live networking.

Here are 10 clever ways to use your updates in Facebook, LinkedIn and/or Twitter to get results.

1. Think Media – Did you know the larger news and broadcast media are watching social networks for relevant news ideas? Well they are. So think of some catchy headlines that are topical and use these for updates.

2. Q. & A. – Do you get asked a lot of common questions? Pose the question via your update and then develop a link back to your site for the answer.

3. New Article or Newsletter Link – Check the software you are using. Can it automatically update your status? If so, set it up to do so or manually enter the topic and a link to read more.

4. Conduct a Poll – Want to test a new product or service or gauge market demand? Ask people what they think on a topic.

5. Brag - Share your successes. It lets people know you are in business and making progress. This could be a big client or an award or media exposure, as examples.

6. Invites - Invite people to your next Free tele-seminar or webinar or even to a paid event.

7. Share Interesting Resources – This could be a helpful tool, recommended reading, a great blog or a useful website.

8. Announce New Products or Services – Again, this lets people know you are invested in growing your business.

9. Introduce/Promote Others in Your Community or Network – Networking is about connecting people. Make sure you “give” back and support others by singing their praises, providing a testimonial or commenting on a useful page on their website.

10. Stay Human – Ask for help or expose a weakness. Because you may never meet these people face to face, it’s important to show people you are just like them. Poke fun at yourself every now and then, or allow others to help you. Otherwise they may see you or your company as too high-level for them.

Think about it. If you can think of 3 examples for each of the above ideas you would have 30 updates. That’s a month’s worth!

ducttapemarketingbadgeCidnee Stephen is the owner of Strategies for Success – a marketing company that focuses on the needs of budget-minded small businesses and professional services. She has helped hundreds of small businesses get out of their peak and valley ruts to finally achieve that next vital level of success. Cidnee is also a sought-after speaker, writer and blogger on marketing topics that affect small businesses and B2B service based operations.

If you would like to build a system to reach those goals quicker, check out Cindee’s Speak for Leads & Expertise Program.

Is your marketing one dimensional?

Cidnee Stephen of Strategies for Success, asks the question, “Are you guilty of one-dimensional marketing?”

In a new marketing strategy article published on Mplans.com, our marketing resources website, Stephen, an authorized Duct Tape Marketing coach, makes the point that “Far too often people treat their marketing like a one-hit wonder. Someone tells them a certain marketing initiative was highly effective for them and off they go to try the marketing idea of the week. But, alas, they don’t get the same result. This is because they are practicing one-dimensional marketing.”

Click here to read the full article on Mplans.com.

dtmcbadgeCidnee Stephen is the owner of Strategies for Success – a marketing company that focuses on the needs of budget minded small businesses and professional services. She has helped hundreds of small businesses get out of their peak and valley ruts to finally achieve that next vital level of success. Cidnee is also a sought after speaker, writer and blogger on marketing topics that affect small businesses and B2B service based operations. Subscribe for Free to her bi-weekly marketing tips for small businesses and also receive a special report on the 7 Steps of Marketing Success.

Achieving Marketing Success

Today, on our marketing resources website Mplans.com, we published the first in a series of marketing strategy articles written by authorized Duct Tape Marketing coaches.

In her first article Cidnee Stephen of Strategies for Success writes about Achieving Success. “What does it take for you to get your business to the next level, to grow it to where you have reached your definition of success?” she asks.

To read the entire article click here for the jump over to Mplans.com.

dtmcbadge_paddedCidnee Stephen is the owner of Strategies for Success – a marketing company that focuses on the needs of budget-minded small businesses and professional services.

Business Card or Marketing Tool?

Palo Alto Software is proud to welcome Cidnee Stephen, one of the Duct Tape Marketing Coaches that will be posting over the next several months.

Do you have a box of business cards on your desk that you hardly seem to put a dent in before the information changes and a new box is ordered? Or worse yet…are you still working on that same box of business cards that you printed 3 years ago!

Business cards can be a great inexpensive marketing tool for a small business. They say exactly what you do and give people all the contact information they need to get a hold of you. Yet oddly enough we tend to use them only for networking, and even then, we aren’t really sure if people are holding on to them.

Here are 7 different ways you can turn your business cards into a low cost marketing machine!

•    Keep them on hand
•    Situate them with strategic alliances
•    Include them in your correspondence
•    Direct people to your website with them
•    Put something useful on the back
•    Use them for jotting down information
•    Use them as part of your referral system

Keep them on hand - even when you are popping to the convenience store or running a short errand. You never know who you will run into or what opportunity might present itself. It’s wise to keep your business cards in multiple locations, like your wallet or purse, your car, or your favourite coat, so that you won’t be left empty-handed. Words of advice….invest in some simple card holders so your cards are protected instead of bent or soiled.

Situate with Strategic Alliances – This is highly effective if you market to consumers, but can also be used business to business. Business cards can be placed at grocery stores, car washes, or restaurants, for example. How about placing them with a graphic artist if you’re a sign company, or a realtor if you are a mortgage broker? Keep your eyes open for opportunities to get your business cards in front of your target audience!

Include them in your correspondence - If you are sending out invoices or other correspondence to your target market, make sure you include your card. Consider enclosing a couple and ask your loyal suppliers or clients if they can pass them on. I know a travel agent who even included hers with her utility payments.

Direct them to your website – Face it! More and more people are turning to the web for information. Yet some people still forget to include their website on their business card. If you are proud of your website and it promotes your company, point this out to people when you hand them your card.

Put something useful on the back – By useful, I mean something that makes them want to hold on to your card. It can be a calendar, a discount, a FREE Trial or a Free Report. Think of something that your target market will value and you’ve increased the longevity of your card.

Use them for jotting down information – So someone asks you for the name of your dentist or you are trying to explain a point. If the information will fit on your card, use it. By doing so you are guaranteeing two things. They will remember you for helping them and they will hold on to your card longer.

Use them as part of your referral system – Business cards can be an integral part of your referral system. I’m not a huge advocate of handing out 2 or 3 cards to people you have just met. I am however a big believer in making sure happy clients and strategic alliances have extra cards on hand.

Consider marking the cards in such a way to track the referral source. Offer a discount or prize if someone hands in the card. A good referral strategy can be one of the most powerful alternative uses for your business cards.

Think about it. You have in your possession 500 – 1000 pieces of marketing in those little business card boxes. The idea is to get them in the hands of people that can grow your business. In order to do that you need to devise a strategy to utilize them in creative ways. Ideally you want all of those cards out of your office and into the marketplace as quickly as possible!

dtmcbadgeCidnee Stephen is the owner of Strategies for Success – a marketing company that focuses on the needs of budget minded small businesses and professional services.  She has helped hundreds of small businesses get out of their peak and valley ruts to finally achieve that next vital level of success.  Cidnee is also a sought after speaker, writer and blogger on marketing topics that affect small businesses and B2B service based operations.  Subscribe for Free to her bi-weekly marketing tips for small businesses and also receive a special report on the 7 Steps of Marketing Success.